To view the PDF file, sign up for a MySharenet subscription.

MONTAUK HOLDINGS LIMITED - Director & Associate: Change of Interest in Securities

Release Date: 29/03/2019 15:13
Code(s): MNK     PDF:  
 
Wrap Text
Director & Associate: Change of Interest in Securities

MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/017811/06)
(Share code: MNK & ISIN: ZAE000197455)
("MNK" or "the company")

DIRECTOR & ASSOCIATE: CHANGE OF INTEREST IN SECURITIES

In compliance with Rules 3.63 - 3.74 of the JSE Limited Listings Requirements,
the following information is disclosed:

Name of Director             : B.S. Raynor
Designation                  : Non-Executive director
Nature of transaction        : Change of interest from direct beneficial to that of an associate.
                               The change is a result of the restructure of Mr Raynor’s
                               retirement benefit scheme, whereby a portion of his interest in
                               the Company, as held by his retirement benefit scheme, was
                               transferred off-market to the retirement benefit scheme of his
                               spouse, J. Raynor.
Class of shares              : Ordinary shares
Nature of interest           : Direct beneficial
Date of transaction          : 21.03.2019
Number of shares             : 396 573
Transfer price               : 4 840 cps
Total value of transaction   : R19 194 133.20


Name of Associate            : J. Raynor
Nature of transaction        : Off-market acquisition of shares by an associate
                               The acquisition is a result of the restructure of Mr B.S. Raynor’s
                               retirement benefit scheme, whereby a portion of his interest in
                               the Company, as held by his retirement benefit scheme, was
                               transferred off-market to the retirement benefit scheme of his
                               spouse, J.Raynor.
Class of shares              : Ordinary shares
Nature of interest           : Direct beneficial
Date of transaction          : 21.03.2019
Number of shares             : 396 573
Transfer price               : 4 840 cps
Total value of transaction   : R19 194 133.20

Clearance                    :   Clearance in respect of par 3.66 of the JSE
                                 Listings Requirements was obtained

Cape Town
29 March 2019

Sponsor:
Investec Bank Limited

Date: 29/03/2019 03:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story